7010.SE
Latest Trade
118.80SARChange
3.80(+3.30%)Volume
1,019,984Today's Range
-
118.8052 Week Range
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120.00As of on the Saudi Arabian Stock Exchange ∙ Minimum 15 minute delay
Previous Close | 115.00 |
|---|---|
Open | 116.60 |
Volume | 1,019,984 |
3M AVG Volume | 11.96 |
Today's High | 118.80 |
Today's Low | 116.60 |
52 Week High | 120.00 |
52 Week Low | 72.30 |
Shares Out (MIL) | 1,997.02 |
Market Cap (MIL) | 237,600.00 |
Forward P/E | 20.55 |
Dividend (Yield %) | 3.37 |
Discovery Inc And Saudi Telecom Company Enter New Partnership For Discovery+
Saudi Telecom Considering For IPO Of Unit Solutions by STC
Saudi Telecom Board Proposes 1 Riyal/Share Q4 Dividend
Saudi Telecom Company SJSC is a Saudi Arabia-based company, engaged in the telecommunications sector. The Company operates under the following main business segments: Global System for Mobile Communications (GSM), for which the main services are mobile, third and fourth generation services, prepaid cards, international roaming and messages; Public Switched Telephone Network (PSTN), for which the main services are fixed line, card telephones, interconnect and international calls, as well as DATA, for which the main services are leased data transmission circuits, and digital subscriber line (DSL). The Company’s subsidiaries include: Viva Bahrain Closed BSC, Arabian Internet and Communications Services Co Ltd and STC Gulf Investment Holding SPC, among others.
Industry
Communications Services
Executive Leadership
Mohammed bin Khalid Al Abdullah AL Faisal
Independent Chairman of the Board
Nasser Sulaiman Al Nasser
Chief Executive Officer
Khaled Bin Hussain Biyari
Non-Executive Vice Chairman of the Board
Ameen Bin Fahad bin Abdul Aziz Al Shiddi
Chief Financial Officer
Haithem Mohammed Alfaraj
Senior Vice President - Technology and Operations Unit
Price To Earnings (TTM) | 21.43 |
|---|---|
Price To Sales (TTM) | 4.03 |
Price To Book (MRQ) | 3.70 |
Price To Cash Flow (TTM) | 11.51 |
Total Debt To Equity (MRQ) | 28.04 |
LT Debt To Equity (MRQ) | 26.36 |
Return on Investment (TTM) | 13.15 |
Return on Equity (TTM) | 9.36 |
Saudi Arabia has raised the stakes in a competition with freewheeling Dubai for foreign talent and cash.
A requirement for foreign firms to have a regional HQ in Saudi Arabia to qualify for state contracts from 2024 is the latest in a series social and economic reforms intended to modernise the conservative kingdom and diversify its oil-dependent economy.
A requirement for foreign firms to have a regional HQ in Saudi Arabia to qualify for state contracts from 2024 is the latest in a series social and economic reforms intended to modernise the conservative kingdom and diversify its oil-dependent economy.
Saudi Arabia has ratcheted up the stakes in an intensifying competition with neighbouring Dubai for foreign talent and money.
Saudi Arabia's futuristic city project NEOM is in talks with companies to pick a lead partner for its first cloud computing deal that will lay the foundation for hi-tech services in its flagship $500 billion business zone, a senior executive said.
Saudi Telecom Company (STC) will invest up to $500 million over five years in cloud services in partnership with eWTP Arabia Capital fund and Alibaba Cloud company, STC said in a tweet on Monday. (Reporting by Nayera Abdallah. Editing by Mark Potter)
* Tender offer to buy out minority shareholders at 103 euros/share
Saudi Arabia's general authority for competition (GAC) on Monday fined Saudi Telecom Company (STC) 10 million Saudi riyals ($2.67 million), state TV said.
Vodafone said on Monday it had ended talks with the Saudi Telecom Company on the $2.4 billion sale of its 55% shareholding in Vodafone Egypt after a series of missed deadlines to complete the deal.
Vodafone has ended talks with Saudi Telecom Company on the sale of its 55% shareholding in Vodafone Egypt, the British telecoms group said on Monday.
The digital payments business of Saudi Arabia's Saudi Telecom Company (STC), stc pay, is in talks with Gulf regulators to seek approval to operate in the United Arab Emirates, Kuwait and Bahrain, its CEO said on Monday.
Western Union, the world’s largest money transfer firm, has acquired a 15% stake in the digital payment unit of Saudi Arabia's STC Group for $200 million.
Ethiopia expects to sell a minority stake in Ethio Telecoms within nine months and tendering for two new licences will start on Dec. 1, an adviser to the state minister of finance said, brushing off concerns that conflict will delay the plan.
Saudi Telecom Co (STC) has hired banks to arrange a potential initial sale of shares in its product and services development arm, Solutions by STC, three sources familiar with the matter told Reuters.
Saudi Telecom Co (STC) has hired banks to arrange a potential initial sale of shares in its products and services development arm, Solutions by STC, three sources familiar with the matter told Reuters.
Saudi Telecom Co (STC) <7010.SE> has asked banks to pitch for roles in a potential public offering of its products and services development arm, three sources familiar with the matter told Reuters.
Saudi Telecom Co (STC) has asked banks to pitch for roles in a potential public offering of its products and services development arm, three sources familiar with the matter told Reuters.
Vodafone Group <VOD.L> said on Monday due diligence regarding the $2.4 billion sale of its 55% stake in its Egyptian unit <VODE.CA> has been "substantively" completed by the potential buyer, Saudi Telecom Co (STC) <7010.SE>.
Vodafone Group said on Monday due diligence regarding the potential sale of its 55% stake in its Egyptian unit to Saudi Telecom Co (STC) had been "substantively" completed.
Saudi Arabia's largest telecoms operator Saudi Telecom Co (STC) <7010.SE> on Sunday said no agreement has been reached to buy a 55% stake in Vodafone Egypt <VODE.CA>, and that the parties have agreed to keep dialogue open.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.